Suprajit Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Suprajit Engineering has a total shareholder equity of ₹12.7B and total debt of ₹7.2B, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are ₹25.4B and ₹12.7B respectively. Suprajit Engineering's EBIT is ₹2.2B making its interest coverage ratio 4.7. It has cash and short-term investments of ₹6.3B.
Key information
56.7%
Debt to equity ratio
₹7.22b
Debt
Interest coverage ratio | 4.7x |
Cash | ₹6.34b |
Equity | ₹12.72b |
Total liabilities | ₹12.68b |
Total assets | ₹25.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532509's short term assets (₹16.6B) exceed its short term liabilities (₹8.9B).
Long Term Liabilities: 532509's short term assets (₹16.6B) exceed its long term liabilities (₹3.8B).
Debt to Equity History and Analysis
Debt Level: 532509's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 532509's debt to equity ratio has increased from 53.8% to 56.7% over the past 5 years.
Debt Coverage: 532509's debt is well covered by operating cash flow (42.6%).
Interest Coverage: 532509's interest payments on its debt are well covered by EBIT (4.7x coverage).